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Role of Banks in Ensuring Sustainability in Companies Sector

In: Sustainability in Bank and Corporate Business Models

Author

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  • Beata Zofia Filipiak

    (University of Szczecin)

Abstract

The main purpose of this study is to present a strategic approach that can contribute to the sustainability of companies at destinations using the sustainable business strategies of banks. Therefore, the chapter presents the motives of banks in the direction of sustainability and indicates the role of banks in changing the current factors of choosing a bank and business based on the sustainability factor. The chapter recognizes the significant role of central banksCentral banks as financial institutions changing commercial bank policy toward sustainability. In the chapter present directions of changes in the attitudes of central banks in strengthening sustainability, so that the policy of stabilizing the economy and finance has been effective so far. The chapter is organized as follows: the first section describes corporate motives for sustainability, the second section discusses the roles of financial sector in sustainable development, the third section demonstrates the role of central banksCentral banks in enhancing sustainability and the last section describes green banks policy in company’s sector.

Suggested Citation

  • Beata Zofia Filipiak, 2021. "Role of Banks in Ensuring Sustainability in Companies Sector," Palgrave Studies in Impact Finance, in: Sustainability in Bank and Corporate Business Models, chapter 0, pages 111-145, Palgrave Macmillan.
  • Handle: RePEc:pal:psifcp:978-3-030-72098-8_5
    DOI: 10.1007/978-3-030-72098-8_5
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